Transition

Concentration of CO2 in the Atmosphere

January 16 Green Energy News

Headline News:

Boston-Power, a notable players in the lithium-ion battery market, is apparently now looking to “compete with Elon Musk” and will be scaling-up its battery factories to produce much higher quantities of batteries. The scaling-up process will be funded with $290 million from Chinese government agencies. [CleanTechnica]

Prices of natural gas prices and electric power are not connected, as a graph from Deutsche Bank comparing them reveals. It shows that while natural gas prices in the US have fallen 88% since 2008, from a peak of $13/mmb to as low as $2/mmb, consumer electricity prices actually rose 20% over the same period. [CleanTechnica]

California is clearly the US leader in energy storage after the state’s 2013 mandate that its largest utilities have 1,325 megawatts of electricity storage operating by 2024 to help fight climate change. Storage will help the state reach its climate goal of having 50% of its electricity supplied by renewables by 2030. [Discovery News]

America’s clean energy economy is celebrating. A new report shows the solar industry’s explosive growth is creating new, highly skilled jobs at a rate nearly 20 times faster than the overall economy. One out of every 78 new jobs created in the US over the past 12 months was created by the solar industry. [Click Green]

Florida businesses and property owners would be able to sell a limited amount of solar energy under a ballot initiative for a constitutional amendment rolled out Wednesday by a coalition, “Floridians for Solar Choice,” that brings together free-market conservatives, retailers and alternative-energy supporters. [RenewablesBiz]